Found by Fairmile West

Chinese regulators approve Disney-Fox deal

Disney has cleared a major hurdle for its $71.3 billion acquisition of 21st Century Fox’s film and television assets: Chinese regulators have approved the deal.

Disney said the deal received “unconditional approval” – despite concerns that the escalating trade war between the Trump Administration and Beijing would present a roadblock. In October, Churchill Capital said that investors were placing a 43% chance on Disney’s deal not going through; especially given the precedent of China’s long and drawn-out examination of Qualcomm’s NXP Semiconductors deal.